Mahindra Holidays & Resorts India, a leader in the vacation ownership space with over 147,000 members and 40 resorts across India and abroad, has purchased 100% equity share capital of Gables Promoters (GPPL) on August 24, 2012. Pursuant to this acquisition, GPPL has become a wholly owned subsidiary of the company.
The company had recently acquired Royal Courts Jaisalmer, a 74 room resort, by purchasing 100% equity share capital of Divine Heritage Hotels.
Mahindra Holidays and Resorts, is a leader vacation ownership space in India, with a keen focus on quality family holiday. Club Mahindra is company’s flagship brand and the other brand offering are Zest Breaks, Club Mahindra Fundays, Mahindra Homestays and Mahindra travel.